Shanghai Composite Index Fell 1.42% on Tuesday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Smelters ordered to slash output 30% the rest of this year to meet goals for cutting energy use and greenhouse gas emissions
After protest Sunday in Shenzhen, wealth management unit says it can’t fork over $6.2 billion to investors ‘at this moment’
New-energy vehicle sales in August top a record 320,000; Tesla raises Model Y price 2.6%; Chinese battery makers bet big on next-generation technology
Thailand’s growth slows to lowest rate in 20 years, Japan gives up hosting the 2021 FIFA Club World Cup
As part of court-approved restructuring, the conglomerate will bring in two state-backed companies
Crackdown intensifies as government seeks to stem the unlawful flow of money used overseas
Many of the schools, mostly privately run, are having trouble filling their classrooms
The failed bid has fueled uncertainty about the prominent propery developer’s future
Weibo and iQiyi among 14 online companies also urged to favor core socialist values over ‘unethical’ celebrities as China seeks to reshape showbiz industry and tamp down on fan culture
Fujian reports more than 70 infections over the weekend, including many elementary school students
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